The Monetary Policy Committee (MPC) decided to keep policy rates unchanged in the first bi-monthly monetary policy of 2021-22. Additionally, the Reserve Bank of India (RBI) announced a secondary market G-Sec acquisition programme (G-SAP 1.0), under which the RBI has committed Rs 1 trillion in the first quarter. GOVERNOR SHAKTIKANTA DAS, DEPUTY GOVERNOR MICHAEL DEBABRATA PATRA, DEPUTY GOVERNOR M K JAIN, and EXECUTIVE DIRECTOR T RABI SANKAR took questions from the media. Edited excerpts:
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First Published: Thu, April 08 2021. 01:22 IST